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Powell Signals Fed Will Raise Rates If Needed

Bloomberg Businessweek

CHAPTER

Powell's Remarks on Monetary Policy

This chapter features an interview with Michael McKee discussing Jay Powell's remarks on US monetary policy at the Jackson Hole Economic Policy Symposium. McKee highlights Powell's reiteration of previous statements with a slightly hawkish tone and his emphasis on maintaining the Fed's target of 2%. The chapter also explores divergent opinions within the Federal Reserve regarding future rate increases.

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